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We're buyers for now towards the upper zone.

We're buyers for now towards the upper zone. | 22 November 2023

22 November 2023, GBP/USD

We're buyers for now towards the upper zone.

The British pound is currently rallying with a bullish bias momentum, as it is right now, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (c) to the upperside and may see the price rally much higher with the next ideal target set around the upper red zone, if this zone is broken, then further momentum much higher is expected, but if the price should correct itsel and hit the lower blue zone, then this will be a good place to consider looking for a buy from.

Trade Recommendations:

We're buyers for now towards the upper zone.

Bob Stan
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